La Fayette, Alabama Population

La Fayette, Alabama has a population of 3,021, with a median household income of $42,000.

Current population data for La Fayette.

3,021

👥

Population

3,021

💰

Median Income

$42,000

📉

Unemployment

4.90%

🏠

Housing Price

$140,000

🚨

Crime Rate

3.60

🌐

Internet Speed

180.00 Mbps

La Fayette is a small local community located in Alabama. The city has a population that is below the average city population in Alabama, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Alabama, La Fayette provides insight into regional population trends, income levels, and housing conditions.

Population Overview

La Fayette has a population of 3,021, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in La Fayette is $42,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in La Fayette is about $140,000, making it relatively affordable compared to many cities in Alabama.

Employment and Safety

The unemployment rate in La Fayette is 4.90%, slightly above the state average, suggesting moderate employment conditions. Crime rates in La Fayette are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Alabama, La Fayette shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

La Fayette continues to play a role in shaping regional trends in Alabama, particularly in terms of economic and demographic factors.

Frequently Asked Questions about La Fayette

What is the population of La Fayette?

The population of La Fayette is approximately 3,021.

Is La Fayette a good place to live?

La Fayette offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in La Fayette?

The median household income in La Fayette is around $42,000.

How expensive is housing in La Fayette?

The average housing price in La Fayette is approximately $140,000.